Topic: Ankh - Exploring Value Resonance (Read 694 times)

Still no peers. I keep firing up the wallet once per month but never finds any peers.

I have restarted the 0AC chain, starting from Genesis and pushed for a wallet update on github that fixes mining pool payouts:
https://github.com/Ankh-Trust/credit-core/releases/tag/v1.0.0.0

Blockexplorer can be found here:
https://0ac.ankh-trust.com/

Any explorers?

Camels keep on marching

https://mocah.org/uploads/posts/130005-sunset-desert-camels-hd.jpg

We have opened our first markets thanks to Cratex.io.

https://cratex.io/index.php?pair=0AC/BTC
https://cratex.io/index.php?pair=0AE/BTC
https://cratex.io/index.php?pair=0AE/0AC

Block explorers:
https://0ac.ankh-trust.com/
https://0ae.ankh-trust.com/

Discord gaining some traction I see, Nice!

We have opened our forms for public key submittal.

For Credits:
https://cutt.ly/PeYp1Tx

For Sequence:
https://cutt.ly/VeYp2dt

If assistence is needed you are welcome to join us
Discord: https://discord.gg/Jjg2zcr
Telegram: https://t.me/ankh_trust

Thank you for the compliments, credit for the inbuilt miner goes to Duality Blockchain Solutions. Rewards are purposefully low but are bound to incease substantially over time, as the ServiceNode network matures so will their and the miner's total payouts. You are correct that at this time it is more profitable to mine CRDS however CRDS inflation is high while Ankh overal inflation is low. We are very conscious of the effects of inflation as a cost.

I love the wallet. It looks clean and well made. The inbuilt miner is a great addition.

I am a little bummed by the mining reward though. 0.026 0AC Considering that you are offering an airdrop for CRDS (whose current block reward is 6 CRDS), I would rather mine CRDS now and get even 1 block in a day (potential 6 0AC) as compared to getting even 100 blocks a day giving me only 2.6 0AC. Any reason why the reward is so small?

I understand what you are asking for which is essentially why would there be any value to this project? In the current state the whole crypto industry is aiming for use case as the sole reason to drive demand but they are neglecting that without countercyclical measures value comes and goes, there is no damping in price oscillations. Because most if not all crypto projects want to stay 100% clear from central control due to legal reasons they are most likely without any means other then hording people into their project. Be it active marketing or providing use case for continual demand.

The situation is a bit like a comparison between a row and a sailboat, where single coin but use case driven projects are actively rowing to get ahead we want to leverage the wind and sail to our destination (use case is secondary)

Thank you for your reply! I understand you are in the stage of developing this project, but I don't understand your purpose in making this project. That's why I ask you to make it in the form of a whitepaper so that I can really understand what you are doing right now and how good the utility of your coins is. And I think it's better if you make a roadmap to give us a clear estimate, keep away from using the word "soon" because it can reduce our interest. Those are some advice that I can give to you, hopefully you can understand.

Hello barnes13, there is a common history with both Credits and Sequence, both projects remain as contacts. There is no curremt white paper, for now we are content to make sure that the wallets have a similar appearance, function as intended. We would like to keep them up to date and perhaps port over certain functions from one to the other. In the future we might add specific Fluid parameters to better accommodate changing market conditions. Of course secondary projects like Desktop wallets or Mobile wallets could be initiated.

Small steps

Hi, by holding the airdrop as above does that mean Credits (CRDS) and Sequence (SEQ) are your partners? I want to learn more about this project, do you have a whitepaper to share and your future plans in the form of a roadmap? I don't see some important links in this thread, I hope you can add it too soon.

Ankh (Place holder OP)
Exploring Value Resonance
In an industry where the standard is to focus on use case and product demand Ankh will explore the concept of value resonance. Value resonance is achieved when the value of two financial instruments are defined along separate axes while maintaining market cap parity, Ankh Trusts in countercyclical monetary actions to stimulate or dampen markets using its collateral as a hedge.

Ankh_Electrum	(0AE) - PoS
	Market Cap Parity Through_value_resonance_market_volatility is displaced from Credit to Electrum Disinflationary With a fixed reward rate, the procentual increase eventually converges from 2 to 0% of the total supply Cold Staking Splitting spending and staking rights across two public keys enhances investor security
Ankh_Credit	(0AC) - PoW Argon2d-dyn
	ServiceNodes A_reward_based_network_of_collateralized full-nodes that offer functions to the network Platform Oriented A mature ServiceNode network has the potential to provide a myriad of blockchain driven solutions Fluid Protocol An on-chain parameter control mechanism that allows for fundamental changes

Airdrop
To get a headstart we will allow all private holders of Credits (CRDS) or Sequence( SEQ) to participate. Credits holders will be credited Ankh Credit at a 1:1 ratio while Sequence holders will receive Electrum also 1 to 1. As with any airdrop you will keep CRDS and/or SEQ, this is not a swap. The initial supply of Ankh Credit is 8,000,000 0AC, Ankh Electrum starts with 50,000,000 0AE.

On the 11th of November we will take a snapshot of both Credits (CRDS) and Sequence (SEQ), so that all public key balances are known for this blockheight. We will provide a Google Form on which you can register your public key with a signature that proves ownership.

The signing process is simple and can be done through the wallet software either by using the Sign Message tab under File or by using the signmessage command in debug console. A more detailed how-to guide will be provided on the coming form.

In order to receive your tokens you will need to provide us your Ankh Credit and Ankh Electrum return address through the designated form field. We will check your publickey signature and verify that you are indeed the holder of said key and simply look up your balance and credit to your return address. This will be a bit of a time consuming process and so we ask for a bit of patience.
Credit supply creation

Block spacing 30 seconds or 2880 blocks a day
Max supply 2^63-1, technical limitation

Current rewards & collateral
ServiceNodes 0.000 0AC
Mining 0.026 0AC
Collateral 50,000 0AC

Target rewards
ServiceNodes 7.3% per annum
Mining up to 25% of the yearly  ServiceNode reward divided by block creation
Parameters will be controlled using the fluid protocol

Example:
50 Active ServiceNodes
50 * 50,000 * 7.3% = 182,500 0AC per year
2880 * 365 = 1,051,200 blocks per year

50,000 * 7.3% / 365 = 10 0AC per day for ServiceNodes
182,500 * 0.25 / 1,051,200 = 0.0434 0AC per block for Miners

Useful_Links
Homepage	https://ankh-trust.com
Credit Market	https://cratex.io/index.php?pair=0AC/BTC
Credit Wallet	https://github.com/Ankh-Trust/credit-core/releases/tag/v1.1.0.0
Credit Explorer	https://0ac.ankh-trust.com/
Credit Form	https://cutt.ly/PeYp1Tx
Electrum Market	https://cratex.io/index.php?pair=0AE/BTC
Electrum Wallet	https://github.com/Ankh-Trust/electrum-core/releases/tag/v1.1.0.0
Electrum Explorer	https://0ae.ankh-trust.com/
Electrum Form	https://cutt.ly/VeYp2dt
Discord	https://discord.gg/Jjg2zcr
Facebook	https://www.facebook.com/Ankh.Trust
GitHub	https://github.com/Ankh-Trust/
Telegram	https://t.me/ankh_trust
Twitter	https://twitter.com/Ankh_Trust